It is widely believed that the integration of European economies will have little impact on labour mobility. This does … not mean, however, that European labour markets will be unaffected by the process of economic integration. In this paper …

reductions in other sectors. The union campaign aimed to increase employment through ‘work-sharing’, and is being emulated in the …

relative to male wages, but female employment has fallen 5 percentage points more than male employment. Using the German Socio … of the hazard rate from employment. Differences in mean 1990 wages explain more than one-half of the gender gap in this … hazard rate, since low earners were more likely to leave employment, and were disproportionately female. The withdrawal from …

lower unemployment. Whether ‘work-sharing’ works – whether employment rises when hours per worker are reduced – is … standard hours, employment rose by 0.3–0.7%, but that total hours worked fell by 2–3%, implying possible output losses. As a … group, however, workers were better off as the wage bill rose. The employment growth implied by the mean standard hours …

Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment …, contributed to an employment shortfall equivalent to 40 percent of the missing employment decline in the recession. Another 20 …

and the unemployment rate in U.S. data since 1929. Second, it compares a new model of the economy developed in recent … fiscal stimulus will not permanently restore full employment. In Farmer’s model, as in the Keynesian model, employment is …

which there are multiple equilibrium unemployment rates. The model has two equations in common with the new-Keynesian model …

insight into the problem by examining the determinants of transitions between non-employment (or unemployment) and employment …Following monetary union with the west in June 1990, the employment rate for east German 18-54 year olds fell from 89 …% to 73% in six years, and the decline for women was considerably larger. This employment fall is possibly the worst of any …

This paper uses a model with a continuum of equilibrium unemployment rates to explore the effectiveness of fiscal … situation of bilateral monopoly. Using this framework, I explain the current financial crisis as a shift to a high unemployment …

a permanent reduction in wealth and consumption and a permanent increase in the unemployment rate. My work suggests that …This paper develops a rational expectations model with multiple equilibrium unemployment rates where the price of …